Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eversource Energy
ES
|
+$124M |
| 2 |
Equinix
EQIX
|
+$116M |
| 3 |
Qorvo
QRVO
|
+$92.4M |
| 4 |
RAI
Reynolds American Inc
RAI
|
+$61.4M |
| 5 |
AbbVie
ABBV
|
+$58.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$901M |
| 2 |
LO
LORILLARD INC COM STK
LO
|
+$182M |
| 3 |
Monster Beverage
MNST
|
+$168M |
| 4 |
PCYC
PHARMACYCLICS INC
PCYC
|
+$89.9M |
| 5 |
TGNA
TEGNA Inc
TGNA
|
+$66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 14.9% |
| 3 | Technology | 14.58% |
| 4 | Industrials | 10.38% |
| 5 | Consumer Discretionary | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
DHT Holdings
DHT
$3.02B
| $4.25M | ﹤0.01% |
547,329
+12,352
| +2% | +$97.2K |
|
|
DCOM
1977
DELISTED
Dime Community Bancshares
DCOM
| $4.24M | ﹤0.01% |
250,233
+31,085
| +14% | +$511K |
|
|
LDRH
1978
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $4.23M | ﹤0.01% |
97,883
+8,776
| +10% | +$349K |
|
|
AVTA
1979
DELISTED
Avantax, Inc. Common Stock
AVTA
| $4.23M | ﹤0.01% |
262,078
+27,856
| +12% | +$429K |
|
|
SHPG
1980
DELISTED
Shire pic
SHPG
| $4.23M | ﹤0.01% |
17,527
+1,569
| +10% | +$389K |
|
1981
Xencor
XNCR
$1.55B
| $4.22M | ﹤0.01% |
191,900
+16,599
| +9% | +$283K |
|
1982
Enanta Pharmaceuticals
ENTA
$400M
| $4.21M | ﹤0.01% |
93,653
+8,322
| +10% | +$324K |
|
1983
Cohen & Steers
CNS
$4.3B
| $4.2M | ﹤0.01% |
123,324
+12,748
| +12% | +$481K |
|
1984
Golar LNG
GLNG
$5.13B
| $4.2M | ﹤0.01% |
89,782
+28,328
| +46% | +$1.23M |
|
1985
Heritage Insurance Holdings
HRTG
$991M
| $4.2M | ﹤0.01% |
182,813
+93,718
| +105% | +$2.01M |
|
|
CSFL
1986
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $4.2M | ﹤0.01% |
310,858
+52,267
| +20% | +$661K |
|
|
DVAX
1987
DELISTED
Dynavax Technologies
DVAX
| $4.19M | ﹤0.01% |
178,839
+1,687
| +1% | +$36.7K |
|
1988
QuidelOrtho
QDEL
$838M
| $4.18M | ﹤0.01% |
182,191
+984
| +0.5% | +$22.9K |
|
|
KCG
1989
DELISTED
KCG Holdings, Inc.
KCG
| $4.18M | ﹤0.01% |
339,116
-124,972
| -27% | -$1.63M |
|
|
AVX
1990
DELISTED
AVX Corporation
AVX
| $4.18M | ﹤0.01% |
310,359
+10,456
| +3% | +$148K |
|
|
NCI
1991
DELISTED
Navigant Consulting, Inc.
NCI
| $4.18M | ﹤0.01% |
280,964
+531
| +0.2% | +$7.54K |
|
1992
ICF International
ICFI
$1.72B
| $4.17M | ﹤0.01% |
119,776
-3,925
| -3% | -$148K |
|
|
PBY
1993
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $4.17M | ﹤0.01% |
339,928
+11,851
| +4% | +$120K |
|
|
GLUU
1994
DELISTED
Glu Mobile Inc.
GLUU
| $4.16M | ﹤0.01% |
670,634
+66,818
| +11% | +$409K |
|
|
NPKI
1995
NPK International
NPKI
$1.14B
| $4.16M | ﹤0.01% |
511,995
-1,233
| -0.2% | -$11.4K |
|
1996
Materion
MTRN
$6.04B
| $4.16M | ﹤0.01% |
118,063
+91
| +0.1% | +$3.51K |
|
|
TBRG
1997
DELISTED
TruBridge
TBRG
| $4.16M | ﹤0.01% |
77,853
+3,938
| +5% | +$212K |
|
1998
TTM Technologies
TTMI
$14.5B
| $4.16M | ﹤0.01% |
416,148
+68,056
| +20% | +$662K |
|
1999
Phibro Animal Health
PAHC
$1.39B
| $4.16M | ﹤0.01% |
106,738
+7,774
| +8% | +$268K |
|
2000
Gibraltar Industries
ROCK
$1.49B
| $4.15M | ﹤0.01% |
203,950
+3,168
| +2% | +$57.5K |
|
Similar funds
Geode Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Geode Capital Management held 4,062 positions worth $175B, up 0.12% from $175B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2015 filing shows 109 new, 2,831 increased, 660 reduced and 104 closed positions. Its largest new stake was Eversource Energy: 2,548,587 shares worth $116M. The largest sale was Allergan plc, an estimated $901M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q2 2015 buy was Eversource Energy: 2,548,587 shares worth $116M.
- Geode Capital Management added most to Reynolds American Inc in Q2 2015, an estimated $61.4M increase.
- Geode Capital Management's biggest Q2 2015 reduction was Apple, cutting an estimated $41.7M.
- Geode Capital Management fully exited Allergan plc in Q2 2015, selling an estimated $901M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q2 2015.
- Geode Capital Management opened 109 new positions and closed 104 in Q2 2015.
- Geode Capital Management's portfolio value rose 0.12% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.